Nina Richardson Sells 1,355 Shares of Silicon Laboratories (NASDAQ:SLAB) Stock

Silicon Laboratories, Inc. (NASDAQ:SLAB) Director Nina Richardson sold 1,355 shares of the business’s stock in a transaction dated Tuesday, January 13th. The stock was sold at an average price of $149.00, for a total transaction of $201,895.00. Following the transaction, the director owned 8,543 shares in the company, valued at $1,272,907. This represents a 13.69% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website.

Silicon Laboratories Trading Up 2.4%

Shares of SLAB traded up $3.65 during mid-day trading on Thursday, reaching $152.70. The company’s stock had a trading volume of 154,547 shares, compared to its average volume of 288,640. The business has a 50-day simple moving average of $133.00 and a two-hundred day simple moving average of $134.64. Silicon Laboratories, Inc. has a 1-year low of $82.82 and a 1-year high of $160.00. The stock has a market cap of $5.02 billion, a P/E ratio of -57.71 and a beta of 1.55.

Silicon Laboratories (NASDAQ:SLAB) last released its quarterly earnings data on Tuesday, November 4th. The semiconductor company reported $0.32 EPS for the quarter, beating the consensus estimate of $0.30 by $0.02. The firm had revenue of $206.00 million for the quarter, compared to the consensus estimate of $205.04 million. Silicon Laboratories had a negative net margin of 11.58% and a negative return on equity of 6.04%. Silicon Laboratories has set its Q4 2025 guidance at 0.400-0.700 EPS. Research analysts anticipate that Silicon Laboratories, Inc. will post -0.97 EPS for the current year.

Institutional Trading of Silicon Laboratories

Several hedge funds have recently bought and sold shares of the stock. JPMorgan Chase & Co. boosted its position in Silicon Laboratories by 51.6% in the 2nd quarter. JPMorgan Chase & Co. now owns 170,704 shares of the semiconductor company’s stock valued at $25,155,000 after buying an additional 58,109 shares during the period. Creative Planning boosted its position in Silicon Laboratories by 36.4% during the second quarter. Creative Planning now owns 14,321 shares of the semiconductor company’s stock valued at $2,110,000 after purchasing an additional 3,820 shares in the last quarter. Strs Ohio purchased a new stake in Silicon Laboratories during the first quarter valued at approximately $720,000. Russell Investments Group Ltd. grew its stake in Silicon Laboratories by 98.6% during the 2nd quarter. Russell Investments Group Ltd. now owns 73,729 shares of the semiconductor company’s stock worth $10,865,000 after buying an additional 36,608 shares during the last quarter. Finally, Pacer Advisors Inc. purchased a new stake in shares of Silicon Laboratories during the third quarter worth about $568,000.

Analyst Upgrades and Downgrades

SLAB has been the topic of several recent analyst reports. Royal Bank Of Canada assumed coverage on shares of Silicon Laboratories in a report on Thursday. They issued a “sector perform” rating and a $160.00 target price on the stock. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Silicon Laboratories in a research note on Monday, December 29th. Four equities research analysts have rated the stock with a Buy rating, four have issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average target price of $154.25.

Silicon Laboratories Company Profile

Silicon Laboratories (NASDAQ:SLAB) is a global semiconductor company that develops high-performance analog and mixed-signal integrated circuits, wireless system-on-chips (SoCs), microcontrollers, and radio frequency (RF) solutions. Its product portfolio is tailored to support the Internet of Things (IoT), infrastructure, industrial automation, consumer electronics, automotive, and energy markets. By combining silicon, software, and tools, Silicon Labs aims to accelerate development cycles and deliver low-power, highly integrated solutions that address demanding application requirements.

Founded in 1996 and headquartered in Austin, Texas, Silicon Labs has grown into a multinational organization with engineering and sales operations across North America, Europe, and Asia.